Nine Energy Service (NINE) Gross Profit (2017 - 2026)
Nine Energy Service (NINE) recorded Gross Profit of $20.57 million in Q3 2026, up 1.3% from $20.3 million a year earlier but down 20.7% from the prior quarter.
Nine Energy Service (NINE) Gross Profit (2017 - 2026) Analysis & Trends
On a TTM basis, Nine Energy Service's Gross Profit came in at $87.26 million as of Sep 30, 2026, down 13.0% year-over-year; for FY2025, it was $94.55 million, down 2.9% from FY2024.
- Annual Gross Profit has declined for three straight years, though with a five-year compound annual growth rate of 61.2% (FY2020 to FY2025).
- Across earlier years, Gross Profit came in at $97.38 million in FY2024 (-18.0%), $118.78 million in FY2023 (-12.8%), $136.29 million in FY2022 (+229.0%) and $41.43 million in FY2021 (+376.5%).
- Quarterly Gross Profit has ranged from $14.9 million in Q4 2021 to $44.01 million in Q3 2022 over the past five years.
- On a year-over-year basis, Gross Profit rose in five of the last seven quarters, with an average decline of 0.2%.
- Peak year-over-year performance for Gross Profit in the last five years was growth of 420.8% in Q1 2022, against a decline of 47.9% in Q3 2023 at the low end.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Slb | 76.30 Bn | 73.91 Bn | 1.57 Bn |
| 2 | Baker Hughes | 49.10 Bn | 11.25 Bn | 1.96 Bn |
| 3 | Halliburton | 27.94 Bn | 19.88 Bn | 840.00 Mn |
| 4 | TechnipFMC | 25.83 Bn | 21.81 Bn | 728.70 Mn |
| 5 | Noble | 6.97 Bn | 5.04 Bn | 228.22 Mn |
| 6 | Nov | 6.45 Bn | 1.39 Bn | 439.00 Mn |
| 7 | Weatherford International | 6.27 Bn | 2.04 Bn | 374.00 Mn |
| 8 | Transocean | 6.19 Bn | 4.23 Bn | 348.00 Mn |
| 9 | Valaris | 5.84 Bn | 3.59 Bn | 176.30 Mn |
| 10 | Nine Energy Service | 101.42 Mn | 38.82 Mn | 20.57 Mn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 20.57 Mn |
| Jun 30, 2026 | 25.94 Mn |
| Dec 31, 2025 | 20.44 Mn |
| Sep 30, 2025 | 20.30 Mn |
| Jun 30, 2025 | 25.81 Mn |
| Mar 31, 2025 | 28.00 Mn |
| Dec 31, 2024 | 26.20 Mn |
| Sep 30, 2024 | 24.71 Mn |
| Jun 30, 2024 | 20.35 Mn |
| Mar 31, 2024 | 26.11 Mn |
| Dec 31, 2023 | 25.56 Mn |
| Sep 30, 2023 | 22.94 Mn |
| Jun 30, 2023 | 33.99 Mn |
| Mar 31, 2023 | 36.29 Mn |
| Dec 31, 2022 | 40.05 Mn |
| Sep 30, 2022 | 44.01 Mn |
| Jun 30, 2022 | 29.61 Mn |
| Mar 31, 2022 | 22.62 Mn |
| Dec 31, 2021 | 14.90 Mn |
| Sep 30, 2021 | 13.99 Mn |
Nine Energy Service Gross Profit API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-profit&ticker=NINE&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-profit", "ticker": "NINE", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=gross-profit&ticker=NINE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();